| Product Code: ETC11408743 | Publication Date: Apr 2025 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Singapore`s import trend for aromatic solvent experienced a -1.73% growth rate compared to the previous year. The compound annual growth rate (CAGR) for 2020-2024 stood at 6.37%. This decline in import momentum from 2023 to 2024 could be attributed to shifting demand patterns or changes in market dynamics, impacting the sector`s stability.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Aromatic Solvent Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Aromatic Solvent Market Revenues & Volume, 2022 & 2032F |
3.3 Singapore Aromatic Solvent Market - Industry Life Cycle |
3.4 Singapore Aromatic Solvent Market - Porter's Five Forces |
3.5 Singapore Aromatic Solvent Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Singapore Aromatic Solvent Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Singapore Aromatic Solvent Market Revenues & Volume Share, By End Use Industry, 2022 & 2032F |
4 Singapore Aromatic Solvent Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for aromatic solvents in various industries such as paints, coatings, adhesives, and pharmaceuticals. |
4.2.2 Growth in construction and automotive industries leading to higher consumption of aromatic solvents. |
4.2.3 Rising awareness about the benefits of using environmentally friendly and low VOC aromatic solvents. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production cost of aromatic solvents. |
4.3.2 Stringent regulations on VOC emissions leading to the need for reformulation of solvent-based products. |
4.3.3 Competition from alternative solvents such as bio-based and green solvents. |
5 Singapore Aromatic Solvent Market Trends |
6 Singapore Aromatic Solvent Market, By Types |
6.1 Singapore Aromatic Solvent Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Aromatic Solvent Market Revenues & Volume, By Type, 2022 - 2032F |
6.1.3 Singapore Aromatic Solvent Market Revenues & Volume, By Benzene-Based, 2022 - 2032F |
6.1.4 Singapore Aromatic Solvent Market Revenues & Volume, By Toluene-Based, 2022 - 2032F |
6.1.5 Singapore Aromatic Solvent Market Revenues & Volume, By Xylene-Based, 2022 - 2032F |
6.2 Singapore Aromatic Solvent Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Aromatic Solvent Market Revenues & Volume, By Paints & Coatings, 2022 - 2032F |
6.2.3 Singapore Aromatic Solvent Market Revenues & Volume, By Pharmaceuticals, 2022 - 2032F |
6.2.4 Singapore Aromatic Solvent Market Revenues & Volume, By Adhesives & Sealants, 2022 - 2032F |
6.3 Singapore Aromatic Solvent Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Singapore Aromatic Solvent Market Revenues & Volume, By Automotive, 2022 - 2032F |
6.3.3 Singapore Aromatic Solvent Market Revenues & Volume, By Healthcare, 2022 - 2032F |
6.3.4 Singapore Aromatic Solvent Market Revenues & Volume, By Construction, 2022 - 2032F |
7 Singapore Aromatic Solvent Market Import-Export Trade Statistics |
7.1 Singapore Aromatic Solvent Market Export to Major Countries |
7.2 Singapore Aromatic Solvent Market Imports from Major Countries |
8 Singapore Aromatic Solvent Market Key Performance Indicators |
8.1 Adoption rate of low VOC aromatic solvents in key industries. |
8.2 Percentage of market share held by environmentally friendly aromatic solvents. |
8.3 Growth in research and development investments for new aromatic solvent formulations. |
9 Singapore Aromatic Solvent Market - Opportunity Assessment |
9.1 Singapore Aromatic Solvent Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Singapore Aromatic Solvent Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Singapore Aromatic Solvent Market Opportunity Assessment, By End Use Industry, 2022 & 2032F |
10 Singapore Aromatic Solvent Market - Competitive Landscape |
10.1 Singapore Aromatic Solvent Market Revenue Share, By Companies, 2025 |
10.2 Singapore Aromatic Solvent Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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